RBNZ says NZ financial system remains robust

RBNZ says NZ financial system remains robust
Governor Adrian Orr said the pandemic and war are significant challenges. (Image: Getty)
Staff reporters
The Reserve Bank of New Zealand remains confident NZ's financial system is resilient "to a range of potential outcomes" amid the Ukraine war, continued supply-chain disruption and rising global inflation.“The combination of a global pandemic and war is a significant challenge, but we are confident that the New Zealand financial system is resilient to a range of potential outcomes,” said Reserve Bank of NZ (RBNZ) governor Adrian Orr."Globally, the covid-19 pandemic continues to pose complex economic and financial c...

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